Voyager closes on USD150 million credit facility
Voyager Oil & Gas, Inc. closed on a USD150 million credit facility with Macquarie Bank Ltd. To allow Voyager to accelerate development and production growth in the Williston Basin for Bakken and Three Forks well development, production growth and acquisition in the Williston Basin, the facility will be used to retire existing debt.
Samson producing oil from Wyoming well
After installing new facilities at its Defender US33 2-29H well in the Hawk Springs project in Goshen County, Wyoming, Samson Oil & Gas has successfully produced oil.
New valve position monitors
K Controls has released two new valve position monitors for use in the oil, gas and petrochemical industries.
ShawCor signs Ichthys pipecoating contract
ShawCor Ltd.’s pipecoating division, Bredero Shaw has received a more than USD400 million contract with Mitsui & Co.
Secova signs LOI for Taman licence
Secova Metals Corp. signed a Letter of Intent to acquire 100% of the outstanding shares of Taman Petroleum Corporation, a private Alberta, Canada based company that owns 8% of the South Temryuk Oil & Gas Exploration-Exploitation Licence in the mature Azov-Kuban petroleum region of Russia.